Milestone Partners has acquired GoAuto, and its affiliated technology platform, Adaptive Information Technologies. After the acquistion, Milestone has formed specialty auto insurance holding company Drive Assurance Holdings.

GoAuto is a personal auto insurance platform providing low-limit policies through its managing general agent.

Adam Curtin, partner at Milestone, said, “GoAuto’s proprietary software enables superior customer analytics and data-driven operations that have established them as a market leader. We look forward to working with the management team on executing their strategic initiatives.”